The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.
|
EVI Industries, Inc. |
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|---|---|---|---|---|
|
Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Share-based Compensation (in thousands) |
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| Type |
Unaudited |
Unaudited |
Unaudited |
Unaudited |
|
6-Months |
3-Months |
3-Months |
3-Months |
|
|
Ended |
Ended |
Ended |
Ended |
|
|
12/31/23 |
12/31/23 |
12/31/23 |
12/31/23 |
|
|
Net Income |
$2,623 |
$5,071 |
$1,341 |
$2,224 |
|
Provision for Income Taxes |
1,352 |
1,954 |
787 |
795 |
|
Interest Expense, Net |
1,593 |
1,002 |
823 |
625 |
|
Depreciation and Amortization |
3,000 |
2,912 |
1,454 |
1,466 |
|
Amortization of Share-based Compensation |
2,924 |
1,482 |
1,068 |
802 |
| Adjusted EBITDA |
$ 11,492 |
$ 12,421 |
$ 5,473 |
$ 5,912 |
|
|
|
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